- Jpmorgan Chase CEO Jimmy Damon He was asked about leadership lessons at the end of a large -scale interview during the National Economic Forum Reagan on Friday. Talk about going out and listening to people, monitoring and providing sincere and humble reviews. He also explained what will be drawn from the private sector to the public sector.
Wall Street’s longest executive director said it is better to give an honest evaluation of making the president feel satisfied.
At the end of a A large -scale interview during the National Economic Forum Reagan on FridayMorgan Brennan of CNBC of Jpmorgan Chase, CEO of JPMorgan Chase, asked about driving lessons.
The first thing he said, “Exit, go out, go out, go out, talk to people, talk to customers. I speak to everyone.”
Noting that President Dwight Eisenhower, the Republican, regularly met with Democratic leaders, Damon also discussed the importance of hearing conflicting opinions as well as listening to complaints and learning about competitors.
“Watch, monitor, monitor and make all your people do so,” he added. “It is an endless process. Because we have competitors from all over the world, they are smart, they are coming, and they are coming.”
Then he turned to what made companies that were one day and failed in their industries. Damon pointed to the arrogance, greed and satisfaction of the bureaucracy.
He explained that companies can “bull” on how to earn money and why, while executives may feel pressure to make the president feel satisfied and avoid embarrassing someone.
“When people say to me, put a good foot forward, I always say, do not put a good foot forward, so put the truth forward, 100 % the truth,” Dienon said. “Tell us, and we will deal with it. It’s okay. So a deep and honest evaluation.”
He also put humility and curiosity on the list of features that should have leaders, saying, “They do not want to work for tremors” and do not want to work with the heads of those who blame others.
Meanwhile, the Caliphate was the CEO of the largest bank in the world by the market market is a continuous salon game in Wall Street, and Dimon recently He reaffirmed that he is stepped down in the two years to the next four years.
But at an early 69 -year -old, there was widespread speculation that he might have a second work in the government, either in his position elected or a specific role.
Earlier this year, he admitted that he even thought about running for the presidency of the United States, however Decide Because you don’t want to spend much time away from his family.
While the candidacy for his re -election was last summer, Donald Trump suggested that he might think about Damon for the Treasury Secretary, although he later excluded him.
On Friday, Damon was asked about what it is required to enter the public service. His answer alluded to some humility.
He said: “Well, ready? I will tell you: If I think I can really win, which I do not think I can.”
This story was originally shown on Fortune.com
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